5200 Neil Rd Reno, NV 89502
Freestanding two-story office building in the Meadowood submarket.
- Added:
- Jan 26, 2026
- Days on Market:
- 169
- Last Refresh:
- Apr 5 at 8:41 pm
Property Features for 5200 Neil Rd
General Information
- Standard status
- Active
- Size
- 11,940 SF
- Property subtype
- Office
Building Details
- Year Built
- 1988
Listing office Dickson Commercial Group (775) 240-1192
Listing date Jan 26, 2026
Source Corfac
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Dickson Commercial Group
Investment Insights
Based on property information with market context.
Key Highlights
- Freestanding two‑story professional office building.
- Located along S McCarran Blvd with convenient freeway access.
- Functional layouts with private offices, open bullpen, break room, and conference room.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $345.3k | $28.92 |
| − Vacancy | −$63.9k | −$5.35 |
| EGI | $281.4k | $23.57 |
| − OpEx | −$70.4k | −$5.89 |
| NOI | $211.1k | $17.68 |
